Rating based on 44 reviews

Barclays Loans

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Barclays Loans homepage
Author Barclays Loans. Screenshot of Barclays Loans website.
[Accessed May 16, 2023]

About Barclays Loans

Barclays Loans is a banking institution that has as its vision to manage a thriving business that benefits future generations as much as it does present customers, including bad credit loan UK clients.

Theirs is a well-established legacy that has managed to deal with social, environmental, and economic issues that have become part and parcel of its business.

Barclays puts its money where its mouth

Innovation is at the top of Barclays ’ priority list when it comes to assisting clients in need of bad credit products. They do this by constantly evaluating and updating business strategies in an attempt to stay ahead of competitors.

For Barclays however, it’s not just about the client, but also improving the lives of the communities it serves. The bank is the driver of the transformation that the shareholders expect. Their mission?  To provide personal financial services that will stand the test of time.  

Barclays offers great credit products

Barclays ’ range of credit products includes home loans, personal loans, credit cards, short-term loans, and secured personal loans for bad credit. They have some of the most competitive interest rates in the market. Their bad credit loans are suitable for financing expensive purchases, for example, a new car or for clients who are looking at renovating homes.

Barclays is making sure it is on the right track with providing best service practices for people looking for bad credit loans.

Barclays Loans Services

Barclays offers a no-fuss no-frills online system that allows bad credit clients to apply for a loan from the comfort of their home - with less paperwork and less hassle.

Customers can download and use their chat app to speak to a consultant who will assist immediately with any loan application query. Barclays is a registered credit provider and a responsible lender that prescribes the rules of the Finance Conduct Authority (FCA).

Therefore they ensure that every client knows that a bad credit loan should only be considered if there are no alternative options and the customer can make payments comfortably. A requirement for people looking for bad credit loans is that the loan is secured with an asset. 

Low-interest loans

Barclays has earned its high reputation from its many years in the banking sector. The bank has some of the most competitive interest rates clients can find in the business. Barclays being a registered credit provider prescribes to the laws governing the Finance Act and will not authorize a loan that a client will not be able to pay.

Barclays helps clients snare the debt trap

Barclays understands that many people are facing an uphill battle to keep finances afloat in these tough economic circumstances. It is especially in the area of store card debt and other unsecured debts where people may be battling to effectively manage these debts, that they are rendering assistance.

Barclays Loans – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 5.5%
  • Loan Amount up to £15,000
  • Repayment 2 years to 5 years

Benefits of Barclays Loans

  • Personalised loan quotes
  • Apply for a loan in 10 minutes
  • Loans are paid out quickly

 Bad credit loan calculator

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Loan interest rates depend on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

You can get an affordable bad credit loan with Barclays

The bank may be able to help these clients by offering a bad credit loan in the form of a personal loan or a homeowner loan.

Their personal loans double as bad credit loans and the advantage is that this loan helps clients better manage finances at a lower interest rate.  A homeowner’s loan, should a client require it, will not be provided by Barclays directly but through Freedom Finance, who can help with a bad credit loan.

What clients get with a bad credit loan

  • Competitive interest rates from 5.5%
  • Loan amounts up to £1,000-£15,000
  • Repayment periods of between 2 to 5 years
  • Personalized Loan quotes
  • Loans paid out in 24 hours

Clients who apply for credit loans with Barclays know that the bank’s approval rates on bad credit loans are high, subject to certain conditions.

The advantages of a bad credit loan from Barclays

  • Get a personal loan of between £1,000 and £50,000
  • Repair damaged credit by keeping up repayments
  • Lower your monthly payments
  • APR will vary based on the client’s personal status
  • Get a personalized bad credit loan quotation
  • Apply online and get a fast decision

Barclays makes clients feel special

Barclays offers a price quotation for bad credit loan clients that allows them to see what APR  the bank will offer them before they formally apply for the loan and, without a credit check. What’s more is that bad credit clients can repay their loan early at any time either partially or completely, with an additional charge of only 1 month’s interest on the repaid amount.

To qualify for a quick loan, with Barclays, clients must undergo a credit check that will determine their ability to afford and manage the loan. Clients must be over the age of 18 but do not require security to secure the bad credit loans unless the credit is below the bank’s required minimum. So come in and speak to a Barclays finance expert who is always on hand to see to the bad credit client’s every need.

man holding thumbs up

Barclays Loans is a trusted & reliable provider of bad credit loans

In our review, Barclays Loans adheres to the compliance criteria in accordance with the Consumer Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Barclays Loans is a registered credit provider in UK: FCA number 759676

Customer Reviews & Testimonials

May 2021

Join the masses of UK residents that trust in Barclays for all their financial reasons – and with good reason too! Their bad credit loans are among my favourite borrowing options now with their a...

Jeremy S
— Liverpool —

October 2021

Not every financial institution is willing to take on the risk of a customer with a bad credit record. But Barclays sees their customers for more than just a credit score – complete their applica...

Gerald M
— Manchester —

Barclays Loans Contact

Contact Number

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • Monday 09:30 – 16:30
  • Tuesday 09:30 – 16:30
  • Wednesday 10:00 – 16:30
  • Thursday 09:30 – 16:30
  • Friday 09:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed